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The Federal Reserve offers banking services to which of the following? Select all that apply. other banks U.S. government foreign countries

User Stannius
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2 Answers

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3 answers are correct

Step-by-step explanation:

User Rahul Bhardwaj
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3 votes

Answer;

  • Other banks
  • U.S. government
  • Foreign countries

Explanation;

  • The Federal bank is the central bank in the United States. It acts as a bank for other banks and provides financial services to depository institutions such as banks, credit unions, and savings and loans.
  • This central bank of the united states was created by the congress to provide the country with safer, more flexible and more stable monetary and financial system.
  • The reserve offers banking services to other banks, U.S. governments, credit unions and also foreign countries.
User Artist
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